PocketLaw | Delaware Code | Water And/or Sewer Authorities

Water And/or Sewer Authorities

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Definitions.

General referendum; creation of authority; certificate and recording; certification of information to Secretary of State.

Amendment of articles of incorporation.

Withdrawal or joinder of municipalities; procedure.

Exercise of powers by governing body; composition; quorum; personnel; salaries; records.

Character of authorities with reference to public health and welfare; projects; general powers.

Limits of powers.

Issuance of revenue bonds — Interest; maturity; use of proceeds; interim receipts or temporary bonds.

Issuance of revenue bonds — Faith and credit of State or political subdivisions as unaffected.

Exemption of projects from taxes.

Fixed charges in connection with projects; regulation of sewage; water meter readings.

Trust agreements to secure bonds; pledges and assignments; contents of authorizing resolutions; depositaries for bond sales proceeds.

Connection with sewerage system by abutting property owners; conditions.

Provisions permitted for inclusion in resolutions or trust agreements providing for bonds.

Moneys received as trust funds; fiscal agents to act as trustees.

Rights of bondholders and trustees.

Revenue refunding bonds; single issues of revenue bonds; applicability thereto of other provisions of this chapter.

Accreditation of bonds for investment purposes.

Transfer of interest by municipalities; use of certain lands; powers of municipalities.

Transfer of projects to municipalities; conditions; termination of authorities.

Incorporation of project within other governmental system; assumption of debt.

Scope and construction of chapter.